- watch TED xToronto live now – http://bit.ly/XPdEZ powered by Toronto startup http://www.epresence.tv #
Author: Jevon MacDonald
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Weekend Reading
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Weekend Reading
- NowPublic acquired for $20-25M by Examiner.com http://bit.ly/A7yXF #
- Canada Pension Plan Investment Board investing $300M in $1.9B private equity deal for Skype – http://bit.ly/DUURj #
- RT @markrmcqueen Industry Minister Tony Clement puts $50MM into Ontario's tech, biotech and venture industry: http://bit.ly/XJTWq #
- Fonolo named to Time.com’s 50 Best Websites 2009 – http://bit.ly/14YcSE #
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Weekend Reading
- Albert Lai, Farewell Bubbleshare – http://bit.ly/9gQ2P #
- FreshBooks featured in the Globe and Mail – http://tinyurl.com/qtfwl8 #
- Waterloo based RapidMind has been acquired by Intel http://www.rapidmind.net/company.php #
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Weekend Reading
- Tickets still available for HoHoTO's party on Aug. 18 in Toronto, which will raise money for the Daily Bread Food Bank – http://hohoto.ca/ #
- RT @ChiefApricot: Just got a notice from Bubbleshare.com photo sharing site – they are shutting it down. Had one of the best interfaces. #
- RT @aiderss: PostRank™ releases Real-Time Engagement Data APIs and adds Sentiment Analysis to Real-Time Content API! http://bit.ly/QWs0Y #
- The $1 Clause – http://bit.ly/lCGNg #
- RT @leilaboujnane: The 20 Worst Venture Capital Investments of All Time my fav was WebVan http://bit.ly/6Vslk #
- #Nortel – http://bit.ly/1rjHDN
where do you stand? #
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Weekend Reading
- Ontario's Emerging Technology Fund – http://bit.ly/1gG2K http://bit.ly/1b5PCW http://bit.ly/19TYvz #
- TinEye on CNN – http://bit.ly/vx8Tw #
- RT @LearnHub: Job opening at LearnHub – Account Manager: http://bit.ly/fzQGN #
- RT @CVCACanada: VC Deals: General Fusion closes $22M from GrowthWorks, Braemar, Chrysalix, Entrepreneurs Fund, SDCT http://bit.ly/fusionn #
- Retweeting @fnthawar: Just ran into @redflagdeals truck on the way to the cottage 🙂 http://bit.ly/gMX2q #
- Retweeting @jevon: Wow, Indochino steps it up a notch: http://bit.ly/RAl8i #
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J2Play Acquired by Electronic Arts
That was fast! Earlier today Electronic Arts announced the acquisition of J2Play in their latest quarterly report. Congratulations to Rob and the entire J2Play team!
Waterloo based J2Play was founded by Rob Balahura in 2006 to create the world’s first mobile multiplayer game and SDK. The product that ultimately emerged was a “social wrapper” for online games, the first incarnation, a Facebook App that enabled games to be embedded within the social network and extended with chat and leaderboards.
While the J2Play powered games themselves garnered limited user interest, Facebook having reined in on Apps in a catastrophic way for most, the team was hard at work establishing relationships with industry leaders who wanted in on some social network pixie dust.
J2Play was funded by Toronto’s Extreme Venture Partners. Running with the new fund was a smart move on Balahura’s part, they were instrumental in getting the company in front of fbFund and helping secure an additional $250,000 in follow on grant funding. Worth note, ExtremeVP has also since been able to secure follow on funding for Kontagent.
The terms of the acquisition were not released, but ExtremeVP’s LPs have to be pleased. This early exit bodes very well and has demonstrated some savvy investing by partners, Amar Varma and Sundeep Madra.
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Weekend Reading
- RT @jeremywright: Today was my last official day as CEO of b5media. Crazy, eh? http://bit.ly/4BggCF #
- StartupDrinks Toronto: Tonight from 7-10pm at Pogue Mahones, 777 Bay St. http://bit.ly/3Qq7bd #
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Weekend Reading
- W Media Ventures joins in $2M investment in Yapta a Seattle based travel search company – http://bit.ly/wSysK #
- Rick Segal leaves JLA Ventures – http://bit.ly/flJcD #
- Canadian angel funded success story Streamlogics bought by Thomson Reuters – http://bit.ly/Ler4p RT @aliasaria #
- On Murphy’s Power Equations and Valuation – http://bit.ly/16vQuF #
- RT @georgefavvas: “You miss 100% of the shots you don’t take.” – Wayne Gretzky #
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Weekend Reading
- LAST DAY to apply for ExtremeU — If you have an idea, don’t miss this chance. http://www.extremevp.com/university.php #
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Weekend Reading
- Gigpark partners with Metro, Canada’s #1 free national daily newspaper, powering local service recommendations – http://bit.ly/pMUE5 #
- FreshBooks on the cover of Entrepreneur Magazine – http://bit.ly/Fe7rh #
- Emptying the tank… My Aquarium FB App gets wound down and acquired by SpeedDate for the installs – http://bit.ly/w3EWl #
- RT @markrmcqueen: Israel’s Vertex Venture Capital has 3 current Canadian startup investments. #